21 February 2017
Visit EBAday.com

Wirecard integrates BLE into mobile wallet

16 January 2014  |  1148 views  |  0 Source: Wirecard

Munich-based Wirecard AG is one of the first payment companies in the world to integrate Bluetooth low energy (BLE) technology under the name "Bluetooth BLE Smart Payment" into its existing Mobile Wallet platform as an additional payment technology service.

Along with NFC and QR code, BLE is the third contactless payment standard to be supported by Wirecard's mobile solutions. The operating systems of modern smartphones enable innovative ways of ensuring customer loyalty and processing payments. As part of the Bluetooth specification, data can be transferred at distances of up to 10 metres using BLE technology.

BLE provides innovative, location-based services using micro transmitters ("beacons"). It is compatible with Apple, Google and Windows smartphone operating systems.

"Wirecard has become a leader in Europe for mobile payment because it reacts quickly and flexibly to new technologies," explains Wirecard CEO Markus Braun. "Bluetooth low energy will set a new standard for vouchers, loyalty and payment."

Wirecard will present its first showcase using Bluetooth low energy at this year's Hubert Burda Media Digital Life Design (DLD) Conference, which will be held in Munich from 19 to 21 January 2014. At the conference, users will be also able to experience a BLE-based, personalised mobile payment process at the Wirecard check-in bar. Wirecard is implementing this project in conjunction with its partners Deutsche Telekom and Orderbird, a company that offers cashier systems for restaurants.

Markus Braun: "The DLD Conference is the perfect forum for innovations. Smartphones are increasingly becoming a central focus of our day-to-day life. The theme of this year's DLD is 'Content and context'. In line with this, we shall provide a glimpse into the future of mobile payment in bricks-and-mortar retail."

With BLE, the Wirecard Mobile Wallet communicates directly with the point-of-sale system. This then enables it to also offer a wide range of services that add value for customers in the fields of loyalty, vouchers and Personalised offers. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit Yelloco.co.ukVisit capgemini.com

Top topics

Most viewed Most shared
IBM and Visa join forces to turn billions of connected devices into points of saleIBM and Visa join forces to turn billions...
17276 views 11 comments | 53 tweets | 87 linkedin
Nesta launches £5 million Open API challengeNesta launches £5 million Open API ch...
10355 views comments | 21 tweets | 19 linkedin
Jaguar embeds payments into digital dashboardJaguar embeds payments into digital dashbo...
10323 views comments | 49 tweets | 58 linkedin
The fintech effect: Banks buy in to benefits of boosting financial well-beingThe fintech effect: Banks buy in to benefi...
9260 views comments | 17 tweets | 12 linkedin
Kevin the bot uses blockchain to offer insurance for P2P transactionsKevin the bot uses blockchain to offer ins...
8369 views comments | 17 tweets | 14 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job